
BELARUSIAN CURRENCY AND STOCK EXCHANGE
Name
Belarusian Currency and Stock Exchange
BCSE
CREATION DATE
March 4, 1993
MANAGEMENT STRUCTURE
General Meeting of Shareholders
Supervisory Council
Chairman of he Board
AUTHORIZED CAPITAL
24.2 million BYN
MAIN MARKETS
BCSE is the single trade site serving the main segments of the Belarussian financial market.
The Securities Market. BCSE provides its technical and program resources for the initial placement of government securities, the initial placement of bonds of economic entities, the sale of stakes owned by the state.
Currently, trade participants can trade in the following instruments on the BCSE trading floor:
government long-term and short-term bonds of the Republic of Belarus;
index-linked bonds;
bonds of local executive and administrative bodies;
shares of open joint-stock companies;
bonds of banks;
bonds of legal entities that are not banks;
exchange bonds;
depositary bonds.
Transactions with securities are concluded in such modes as continuous double auction, REPO (free pricing), discrete auction, forward transactions, simple auction. Various settlement codes are used: S-T+0, S-T+n, S-REPO, NS.
The Currency Market. Transactions in foreign currencies are concluded in the continuous double auction and negotiated modes in various settlement codes.
The Derivatives Market. Transactions in futures on foreign exchange rates are concluded in the continuous double auction mode.
The Money Market. BCSE organizes deposit auctions, ensuring the placement of free cash among banks. The Ministry of Finance conducts deposit auctions on a regular basis
The main objective of BCSE is to promote the formation in the Republic of Belarus of a full-fledged organized financial market that meets the needs of its participants, providing the government effective market mechanisms for implementing monetary and budgetary policies, and exercising control and regulatory functions.
EXECUTIVE BOARD | |
---|---|
NAME | POSITION |
Andrei Aukhimenia |
Chairman of the Board |
Dmitri Bochilo |
Deputy Chairman of the Board |
Boris Fridman |
Deputy Chairman of the Board |
Irina Tatarnikova |
Deputy Chairman of the Board |
Oleg Kostyukevich |
Deputy Chairman of the Board |